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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 5 of 5

Regulation 36 Interpretation of this Part

(1) In this Part -

(a) "relevant measure", in relation to a third country credit institution, means - (i) a winding up; (ii) a provisional liquidation; (iii) an administration order made under paragraph 13 of Schedule B1 to the 1986 Act, paragraph 14 of Schedule B1 to the 1989 Order, section 8(1) of the 1986 Act or Article 21(1) of the 1989 Order as the case may be; or (iv) the making of a stabilisation instrument.

(b) "third country credit institution" means a person - (i) who has permission under the 2000 Act to accept deposits or to issue electronic money as the case may be; and (ii) whose head office is not in the United Kingdom.